Quote:
Originally Posted by dc_dux
acee....I'm curious why you think the US Chamber of Commerce supported the bill on behalf of its members (96% of which are small business of less than 100 employees) as a "good first step but not enough"...rather than "hey..its just a normal recession, stay the fuck of our lives!"
|
I don't know. I don't belong to the US Chamber of Commerce. I don't know much about who does belong. I have given my reasons why I don't support the Stimulus Legislation.
Also, here are comments from an ad endorsed by some of those "economists" that Obama referenced:
Quote:
"There is no disagreement that we need action byour government, a recovery plan that will help to jumpstart the economy. "
— PRESIDENT-ELECT BARACK OBAMA, JANUARY 9 , 2009
With all due respect Mr.President, that is not true. There is no disagreement that we need action by our government, a recovery plan that will help to jump start the economy. Notwithstanding reports that all economists are now Keynesians and that we all support a big increase in the burden of government, we the undersigned do not believe that more government spending is a way to improve economic performance. More government spending by Hoover and Roosevelt did not pull the United States economy out of the Great Depression in the 1930s. More government spending did not solve Japan’s “lost decade” in the 1990s. As such, it is a triumph of hope over experience to believe that more government spending will help the U.S. today. To improve the economy, policymakers should focus on reforms that remove impediments to work, saving, investment and production. Lower tax rates and a reduction in the
burden of government are the best ways of using fiscal policy to boost growth.
|
Here is a link to the full ad, showing the long list of names.
http://www.cato.org/special/stimulus...o_stimulus.pdf
-----Added 18/2/2009 at 02 : 57 : 38-----
Quote:
Originally Posted by dc_dux
Pan...IMO, the recent Republican hypocrisy is just one element of a larger, well conceived, misinformation campaign.
|
A wonderful opportunity to set the record straight.
Was the Stimulus legislation bill read by members of Congress before they voted for it?
Did Obama read the legislation before he signed it?
Who wrote most of the legislation?
Were lobbyist involved in writing some of the legislation? If so, how much?
Did Obama violate any of his campaign promises as this legislation was drafted and passed?